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GMR EMCO ENERGY
GMR's lenders agree to rework power unit's Rs 2,900 crore loansGMR Warora had defaulted on interest payments on its loans and bonds last year. The power unit has total debt of ₹2,913 crore, of which 81%...- GMR Infra Q2 net loss narrows to Rs 399 croreGMR Infrastructure said its consolidated net loss in July-September quarter narrowed to Rs 398.67 crore on the back of better operating mar...
- Poor transmission network hurting projects of Tata Power, Jindal Power, JSW Energy and othersTransmission problems are also hurting power trading, said Rajesh K Mediratta, director business development at Indian Energy Exchange.
- Power sector unable to utilise full capacity due to poor transmissionThe power sector is unable to use at least 10 per cent of its capacity due to the choked transmission network in the country.
- GMR's 1,370 MW Chhattisgarh power plant begins generationGMR Chhattisgarh Energy's 1,370 MW supercritical coal-based thermal power plant at Raikheda in the state has commenced electricity generati...
- GMR posts Rs 593-crore consolidated loss for June quarterIn a filing, the company said its total income (including other income) during the period rose to Rs 2,796 crore from Rs 2,689 crore a year...
- GMR Infrastructure's net loss widens to Rs 441 crore in December quarterGMR's gross revenues for the quarter under discussion stood at Rs 2,638 crore against Rs 2,382 crore during the same quarter last year.
- GMR puts Emco Energy up for sale to reduce debtGMR has decided to sell Emco Energy Ltd, which has a 600 mw power plant in Maharashtra, part of an exercise to reduce debt.
- GMR Infrastructure gains as Emco Energy put up for sale to reduce debtGMR has mandated global investment bank JPMorgan to help sell the recently commissioned unit, several people with direct involvement in the...
- Stocks in news: Mahindra Holidays, BHEL, Jyothy Labs, GMR Infra, IdeaThe markets are likely to extend overnight losses and the trade is expected to remain choppy with stock-specific action as the session prog...
- GMR Infrastructure's Q2 net loss doubles to Rs 393 croreThe Bangalore-based company reported a net loss of Rs 393 crore for the second quarter of the current fiscal, up from Rs 179 crore.
- GMR Kamalanga's 2nd unit becomes commercially operationalGMR Group is establishing 3x350 MW coal-based thermal power plant at Kamalanga in Dhenkanal district.
- Second 300 MW unit of GMR's EMCO Energy synchronisedGMR said the second unit of the 2X300 MW power plant of EMCO Energy Ltd has been synchronised with the grid.
- GMR Infra Q1 net loss up more than three fold to Rs 326 croreGMR Infra's consolidated net loss has widened almost three and half times year-on-year basis to Rs 326 crore.
- GMR Infra Q1 net loss up more than three fold to Rs 326 croreGMR Infrastructure's consolidated net loss has widened almost three and half times year-on-year basis to Rs 326 crore.
- First 350 MW unit of GMR's Kamalanga Plant commissionedThe first 350 MW unit of GMR Kamalanga Energy Limited (GKEL) in Odisha's Dhenkanal district was declared commercially operational today.
- GMR Group's Warora power plant starts commercial generationGMR Group's thermal power plant at Warora in Maharashtra has started selling electricity from its 300 MW unit commissioned in December last...
- GMR to start mining coal in Indonesia next monthGMR Energy would start mining activity at its coal mine in Indonesia from next month, according to a source.
- Elecon Engineering bag orders worth Rs 208 crElecon Engineering Company today said it has bagged orders worth Rs 208.50 crore from various vendors, including GMR Infra and SAIL.
- Temasek to invest $200-mn in GMR EnergySingapore-based Temasek Holdings, on Friday said that GMR Rnergy Limited (GEL) has signed a shareholders agreement with it to raise capital...
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